The main function of price mechanism is to
...The main function of price mechanism is to
Limit consumer demand
Enable producers make profit
Allocate scarce resources among competing ends
Ensure consumer sovereignty
Correct answer is C
No explanation has been provided for this answer.
One benefit a country can derive from the extraction of crude oil is increase in? ...
Productive resources can also be called ...
The demand for a good is price inelastic if ...
Which of the following is NOT a function of marketing boards in Nigeria? ...
Scarcity in Economics generally refers to ...
Depreciation = $40,000 Gross Domestic Product = $100,000 Factor Payments to Foreigners = $20,0...
In ordinary partnership, the risks are ...
During a conflict between management and workers, the union's bargaing power is based on ...
Which of the following pairs can be referred to as middlemen? ...